Ahmedabad's Property Market Is Moving Upmarket: What It Means for You
Posted at
Posted on
Homebuyer Guides:
A 3 BHK around ₹1.5 crore used to be the safe middle of Ahmedabad's housing market. Today, in several of the city's hottest areas, new launches are leaning towards bigger and costlier homes. So where does the everyday home buyer fit in?
This guide to the Ahmedabad real estate market explains what is changing, why it is happening, and how to find the right flat or house to buy in Ahmedabad today. No jargon, just a clear picture.
What is changing in new home launches?
In simple words: builders are launching more expensive homes and fewer lower-priced ones.
A report by CareEdge Ratings looked at new launches across India's seven biggest housing markets. Here is what it found:
Homes priced under ₹1.5 crore were 85% of new launches in early 2022.
That share fell to 57% in early 2025.
It fell again to 47% in early 2026.
Homes priced above ₹4 crore grew from just 1% to 9% of launches over the same period.
So in four years, the share of homes under ₹1.5 crore almost halved, while very expensive homes grew several times over.
Why is this happening?
There is no single reason, but three things come up again and again:
Costs are rising. Land and construction both cost more than before, so a builder has to think harder about which projects make financial sense.
Bigger homes earn more. One large duplex or a 4 or 5 BHK home brings in much more per project than several smaller flats.
Wealthy buyers keep buying. Demand for premium housing has stayed strong, even as prices have gone up.
None of this is anyone's fault. It is simply how the market is adjusting.
What is happening in the Ahmedabad real estate market?
Across the seven big cities, housing sales slowed in early 2026, and the slowdown was sharper for affordable and middle-income homes. Ahmedabad, however, held up well, with sales growing about 2% in the same period.
So demand in Ahmedabad is still there. What is changing is the kind of homes being offered.
Property in Ahmedabad: four types of areas around SG Highway and SP Ring Road
Ahmedabad is a big city, so this guide looks at one part of it: the SG Highway and SP Ring Road belt. Based on what we see on the ground, the areas here now fall into four broad groups.
[Image idea: a simple hand-drawn style map of Ahmedabad with each group in a different colour]
Prime address areas Sindhu Bhavan Road, Rajpath and Rangoli Road, and Ambli Road. Premium flats and homes here are very high priced, and many buyers are not looking at the budget first. They look at the address, the lifestyle and the status.
New premium areas Thaltej, Hebatpur, Science City, New Science City Road and Vaishnodevi. Builders here are trying bigger formats like 4 and 5 BHK duplexes. As a result, the 3 BHK home around ₹1.5 crore is getting less attention in new launches.
Modern living belts Jagatpur and Gota. Flats here are moving in a similar direction but at slightly lower prices, which makes them popular with buyers who want a modern home without paying prime-area rates.
Space and value areas Tragad, Zundal, Sindhu Bhavan Extension, Shela, Shilaj, Ognaj and Bhadaj. Prices are generally lower here, which makes these areas a good place to look for affordable homes in Ahmedabad. For families who want more space for their money, they are worth a serious look.
And then there is South Bopal. It has every kind of project, from affordable to premium. The area is growing very fast, so quality and location can differ a lot from one project to the next. Compare carefully before you decide.
And then there is the Gandhinagar side. The market here is splitting in two. Gandhinagar itself is offering large, high-priced homes, mostly 3 BHK and bigger, with some ready to move and more on the way. In the stretch between Vaishnodevi Circle and Gandhinagar, many smaller areas are coming up with lower-priced, smaller homes. Buyers who want to live in Ahmedabad or Gandhinagar often do not see these areas as a first or second choice, and compare them with better-known areas before deciding. That could change as roads, metro links and daily conveniences improve, but for now it is a wait-and-see market.
Other parts of the city, such as the central, east and north areas, have their own trends. We will cover them in upcoming posts.
What does this mean for home buyers in Ahmedabad?
If you are a first-time buyer looking for a 3 BHK in Ahmedabad around ₹1.5 crore: look at the modern living belts and the space and value areas first, and keep an eye on resale homes in other areas too. Ready or resale homes often give better choice in this range.
If you are buying property in Ahmedabad to invest: premium areas are strong today, but new areas often give more room for price growth. Think about how long you plan to hold the property.
If you are buying a premium home: you have more choice than ever. Compare projects on location, layout, builder track record and what you actually get for the price.
If you are looking in the stretch towards Gandhinagar: check how far it is from your workplace, whether shops, schools and hospitals are already running nearby, how many homes in the project are already lived in, and whether there is demand for resale or rent.
The bigger picture
This is not only an Ahmedabad story. Knight Frank estimates that India is short of about 9.4 million affordable homes. The World Cities Report 2026 says the share of affordable housing in new construction fell from 52% in 2018 to 17% in 2025.
In other words, there is real demand for well-priced homes, and the market is still working out how to serve it. That is good news for buyers who know where to look.
5 simple tips before you buy
Check RERA. Make sure the project is registered with Gujarat RERA.
Compare carpet area, not just the price. Two homes at the same price can give you very different usable space.
Visit at different times. Go once on a weekday morning and once in the evening to see traffic and noise.
Check the road and the surroundings. Look at connectivity, schools, hospitals and daily shops.
Ask about resale and rental demand. It tells you how easy it will be to sell or rent later.
Frequently asked questions
Are homes getting more expensive in Ahmedabad? New launches are leaning towards higher-priced homes, and that raises the average price of what is on offer. Prices still vary a lot from one area to another.
Where can I buy an affordable flat in Ahmedabad? The space and value areas and the modern living belts above are good places to start. A local expert can help you compare options in your price range, or you can browse flats for sale in Ahmedabad.
Is it a good time to buy a home in Ahmedabad? It depends on your plans and finances. Ahmedabad's housing sales grew about 2% in early 2026, but you should always compare projects carefully and check the paperwork before you commit.
Which areas in Ahmedabad have premium homes? Sindhu Bhavan Road, Rajpath and Rangoli Road, and Ambli Road are the prime address areas around SG Highway. Newer premium areas include Thaltej, Hebatpur and Science City, where builders are launching larger 4 and 5 BHK homes.
Find the right home with Propertymargin
Whether you want a premium address or a well-priced family home, Propertymargin can help you shortlist the right residential or commercial property in Ahmedabad.
Browse properties for sale | See properties for rent | Talk to our team
Sources: CareEdge Ratings report on new housing launches (2026), Knight Frank estimate as cited by the South China Morning Post, and the World Cities Report 2026.
